Cryptocurrency Q&A
How do push payments work?
How do push payments work?
SumoStrength
Tue Dec 03 2024
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6
answers
1479
I'm curious about how push payments operate. Could someone explain the mechanism behind it?
6 answers
Nicola
Thu Dec 05 2024
A push payment is a form of payment where the payer actively initiates the transfer of funds.
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BitcoinBaroness
Thu Dec 05 2024
This method differs from other payment methods where the payee requests or receives money.
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MountFujiMystic
Thu Dec 05 2024
In a push payment, the payer has complete control over the payment process.
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Lucia
Wed Dec 04 2024
They decide the amount of money to be transferred and the destination of the funds.
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CryptoQueen
Wed Dec 04 2024
This gives the payer a high degree of autonomy and flexibility in managing their finances.
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